XRP likely to slide to 60 cents?

in crypto •  7 years ago 

We see that XRP is currently in downtrend and forming a pennant as shown in graph , However, it looks like that price is breaking the pennant without completing it, resulting in a sign of low momentum. Although RSI is low it still doesn't look good for XRP as it continues to make lower lows. I'm betting on a lower price from the current area.

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and what if the reverse head and shoulders are completed?

Let's see, but i think formation got a rare chance